J.P. Morgan to offer securities lending in Malaysia
J.P. Morgan became the first international lender in the Malaysian market to offer a securities lending product. It would now be able to offer securities lending solutions to major prime brokers and...
View ArticleChina approves country's first buyout fund
China's first domestic buyout fund is all set for launching after China Securities Regulatory Commission approved CITIC Securities' application for it. The fund, to be managed by a subsidiary called...
View ArticleFinancial services stocks tops Indian market
Financial services stocks have outperformed the broader market so far this year gaining 28 percent since January. There was generally a 15 percent rise in the Nifty. The 15 stock CNX Finance Index,...
View ArticleIndonesia to reallocate hajj funds to project-based bonds
Indonesia will raise money for infrastructure development by reallocating dormant hajj funds from the Finance Ministry into project-based sukuk. The sukuk are Shariah-compliant government bonds backed...
View ArticleNongHyup Bank issues $500M in dollar bonds
NongHyup Bank successfully floated dollar bonds worth US$500 million. The five-year bonds carry an interest rate of 2.3 percent, or 165 basis points above the yield on five-year U.S. Treasurys, the...
View ArticleAmBank issues 5 new Euro-style warrants
AmBank Bhd is issuing five new European-style cash-settled structured call warrants to meet investors' demand for trading and investment opportunities in the current market scenario. These were issued...
View ArticleAustralia to tap China's Panda Bonds
Australian companies may soon be able to tap China's 1.8 trillion yuan or US$285 billion domestic bond market, According to the Australian head of Industrial & Commercial Bank of China Ltd., Han...
View ArticleChina floats $4.4B worth of T-bonds
China's Ministry of Finance will sell 28 billion yuan (US$4.42 billion) in 20-year book-entry treasury bonds. The batch, the 18th of its kind this year, carries a fixed annual interest rate of 4.1...
View ArticleMalaysia poised to tap sukuk, RMB bond growth
Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz anrticipates growth in renminbi bonds and sukuk for her country. She cites Malaysia's market size and supporting infrastructure to base her...
View ArticleChina Investment Corp sees 3.9% annual return
The China Investment Corporation's annualized yield of its overseas investment stood at 3.9 percent since it was founded five years ago. The company said the result showed that the corporation has...
View ArticleHarvest Global to launch yuan-denominated ETF
Hong Kong-based asset management firm, Harvest Global Investments, will launch its yuan-denominated exchange-traded fund on the Hong Kong Stock Exchange on Friday. The Harvest ETF will be the first...
View ArticleThailand's BAY to issue subordinated debenture
Bank of Ayudhya will issue a 10-year unsecured subordinated debenture worth Bt20 billion to support long-term funding and reinforce its Tier 2 capital."Several banks have issued debentures this year...
View ArticleBNP Paribas backs Dragon Capital’s 'World First' UCITS Vietnam Fund
Fund distributors among the main beneficiaries.In a release, BNP Paribas Securities Services, a global custodian with almost USD8 trillion in assets under custody, today announced that it successfully...
View ArticleFredy R. Flury named as CEO of Vontobel Financial Products for Asia-Pac
In a move aimed at further bolstering its market development efforts in Singapore, Vontobel has appointed Fredy R. Flury as Head Financial Products Singapore as of 1 December 2013, and thus also as...
View ArticleRHB Bank, Seto Shinkin Bank boost Japanese corporates in Thailand
MOU has been inked. According to a release, RHB Bank Berhad’s Thailand office (RHB) and Seto Shinkin Bank (Seto Shinkin), today signed a Memorandum of Understanding (MoU) to enable both banks to...
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